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DURHAM, N.C.--(BUSINESS WIRE)--American Efficient, one of America’s largest aggregators of energy
efficiency resources, today announced its acquisition of PlotWatt Inc.,
a stalwart leader in residential and commercial energy analytics.
PlotWatt’s customers include Fortune 500 firms and 8 of the 10 largest
quick service restaurant brands like Wendy’s, KFC and Dunkin Donuts.
Together, American Efficient and PlotWatt can transform consumers’
investments in energy efficiency into valuable grid resources in
groundbreaking ways, including through metered energy efficiency
programs, boosting utility customers’ savings over time.

“The cleanest and least expensive energy is energy you don’t have to
consume,” said Mark Laabs, CEO of American Efficient. “For years, we
have admired PlotWatt’s innovative tools that make energy information
accessible to consumers, and we are excited to accelerate PlotWatt’s
work with companies across the country to operate their facilities more
efficiently.”

American Efficient works with manufacturers, retailers, utilities and
grid operators to incentivize energy efficiency installations and
develop portfolios of energy efficiency resources. The acquisition of
PlotWatt marks American Efficient’s expansion into commercial energy
management software and services. American Efficient and PlotWatt
customers own or operate over 200,000 locations combined across the
U.S., Canada and New Zealand. To date, American Efficient and PlotWatt
have helped provide enough energy savings to the grid to simultaneously
power the cities of San Francisco, Boston and Las Vegas for one year.

“By converting raw data into actionable insights, our customers can
easily improve energy and process efficiency with zero capital
expenditure required,” said Luke Fishback, CEO of PlotWatt. “We’re
excited to join the American Efficient team and to provide even more
value to our customers and the grid.”

PlotWatt customers can measure, model and simulate the impact of energy
efficiency initiatives before they invest, allowing them to target and
prioritize investments by potential return. PlotWatt subscribers can see
an immediate return on investment with up to 15 percent electricity
savings. PlotWatt’s service is of particular value to multi-location
businesses because it provides site-by-site comparative analyses as well
as operational benchmarking. In addition to energy savings, the service
can detect appliances in need of repair and provide business
intelligence such as whether a location shuts down early or if
deliveries are late. No additional hardware is required to use
PlotWatt’s service.

American Efficient, founded in 2011 and based in Durham, North Carolina,
currently runs incentive programs for energy efficient installations in
30 U.S. states. Its programs help reduce the need for expensive and
inefficient energy generation infrastructure. PlotWatt, founded in 2008
and also based in Durham, North Carolina, provides energy analytics
services across the United States, Canada, and New Zealand. PlotWatt
will continue to operate under the PlotWatt name.

About American Efficient

American Efficient is a leading developer of energy efficiency resource
portfolios in the United States. American Efficient partners with
manufacturers, retailers, distributors, utilities and grid operators to
develop and manage portfolios of energy efficiency resources. We believe
the cleanest and least expensive energy is the energy you never have to
consume. For more information visit www.americanefficient.com,
and follow American Efficient on Twitter: @makeUSefficient.

About PlotWatt

PlotWatt helps small-and medium-sized business owners manage their
energy so they have energy to manage their businesses. Based in Durham,
N.C., PlotWatt serves customers in 35 states, as well as Canada and New
Zealand. PlotWatt’s machine-learning algorithms analyze energy usage
data, which it converts into actionable insights that customers follow
to improve energy and process-efficiency. Its service is a particular
value to multi-location businesses because it provides site-by-site
comparative analysis as well as operational benchmarking. Follow
PlotWatt at www.plotwatt.com
and @PlotWatt
on Twitter.